Quick Breakdown
- •Wirex enables direct card settlements for USDC and EURC on the Stellar blockchain.
- •Over 7 million users gain access to faster, lower-cost, 24/7 payments.
- •Visa integration ensures compliance while supporting scalable, on-chain financial services.
Wirex, a global digital payments leader and principal Visa member, has gone live with dual-stablecoin settlement using USDC and EURC on the Stellar blockchain. The rollout enables on-chain card payment settlements, delivering faster, cheaper, and more transparent transactions to over 7 million users worldwide.
1/ A new standard for stablecoin-powered payments has arrived.
We are going live with dual-stablecoin settlement for @circle issued $USDC and $EURC on the Stellar network, fully integrated with @Visa and operating at global scale, through our partnership with @StellarOrg. pic.twitter.com/uB8MtsRG5T
— Wirex (@wirexapp) November 18, 2025
Developed in partnership with the Stellar Development Foundation (SDF), Wirex Pay — Wirex’s on-chain stablecoin infrastructure — allows real-time settlement of card payments directly from self-custody wallets. By integrating USDC and EURC settlements on Stellar, Wirex bypasses traditional banking rails while remaining fully compliant within the Visa network.
Pavel Matveev, Co-founder of Wirex, stated: "Stablecoin-native settlement is no longer a concept — it’s live at scale, providing tangible benefits to users globally. Our partnership with Stellar allows us to offer fast, programmable, and borderless payments while integrating seamlessly with Visa."
Advancing On-Chain Financial Infrastructure
Visa’s involvement underscores the growing adoption of blockchain in mainstream payments. Cuy Sheffield, VP and Head of Crypto at Visa, noted: "Wirex demonstrates how stablecoins on Stellar can enhance speed, transparency, and programmability in payments." Stellar CEO Denelle Dixon added that Stellar’s network is designed for scalable, compliant stablecoin usage in cross-border transactions, making this launch a milestone for real-world crypto payments.
Benefits for Users and Businesses
The dual-stablecoin settlement enables 24/7 processing in USD and EUR, resulting in reduced fees and shorter settlement times. Users and merchants gain real-time visibility, programmable transactions, and the security of blockchain infrastructure. This marks a significant step toward mainstream adoption of Web3 financial services, bridging self-custodial wallets, on-chain payments, and traditional card networks.
Wirex continues to expand the reach of blockchain-enabled payments, positioning itself as a pioneer in stablecoin-native financial infrastructure, while demonstrating the viability of large-scale on-chain settlement in everyday commerce.
Wirex Pay recently partnered with Schuman Financial to enhance the accessibility and liquidity of EURØP, a fully regulated, euro-backed stablecoin for secure and compliant digital transactions.